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Continues Slide


Risk Assets Struggling On Evergrande Worry?


Lower For Third Session


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Spot is (just) back below $1,800/oz in Asia-Pac dealing. This comes after bullion printed as low as $1,794.8/oz on Wednesday as a more risk-positive backdrop and uptick in U.S. real yields weighed. Still the initial line of key near-term support (the July 12 low at $1,791.7/oz) remains intact. A break there would expose the July 2 low ($1,774.4/oz). Conversely, initial resistance/the bull trigger is located at the July 15 high ($1,834.1/oz).